January 2023, Vol. 250, No. 1
Business
Companies in the News January 2023
Companies
Stakeholder Midstream announced a final investment decision on the installation of a second treating and processing train at its Campo Viejo facility. The installation of Train II will double the current inlet gas capacity to 160MMcf/d, it said.
Stakeholder’s Campo Viejo Train II will serve producers in the horizontal San Andres play of the Permian Basin, primarily in Yoakum County, Texas and Lea County, New Mexico. It will include front-end liquid handling, an amine treater, a cryogenic processing plant, a nitrogen rejection unit and additional sequestration compression. January 2024.
San Antonio-based Stakeholder said the additional capacity and redundancies created by Train II will reduce methane emissions and result in additional volumes of CO2 being captured and permanently sequestered in its Pozo Acido well, which recently received approval from the U.S. Environmental Protection Agency for its monitoring, reporting and verification plan.
Kroll acquired Appraisal & Valuation Consultants LTD, a specialist in the valuation of energy facilities and other facilities. A group of professionals joined Kroll in London, Manchester, England and Manila to form a dedicated energy team within its Fixed Asset Advisory Services practice. Antony Attwell, CEO and co-founder of AVC, was named managing director to lead the new team. He reports to Rebecca Fuller, managing director and Global Fixed Asset Advisory Services leader.
Stathelle, Norway-based Bluegreen Technologies has joined thermoplastic fusion equipment designer and manufacturer McElroy as Scandinavia distributor of machinery sales and service.
Global energy services company Penspen launched its dedicated Energy Transition Consultancy – a multi-disciplinary center of expertise. Its new consultancy team includes senior engineers and consultants with extensive experience building low carbon fuel infrastructure, according to Penspen, part of privately held Dar Group.
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